EU HRC TRQ tightens for Türkiye, Vietnam

EU hot-rolled sheet tariff-rate quota (TRQ) utilisation for the second quarter shows Türkiye and Vietnam drawing down their quotas by 22 April, following the earlier exhaustion and oversubscription of India’s allocation, Kallanish notes.

In volume terms, Türkiye has seen the largest quota drawdown among origins with remaining availability at only 24%, while Vietnam is the tightest within the “other countries” allocations, with just 2% available.

As of 22 April, Türkiye had 96,662 tonnes remaining from its 398,355t allocation. India’s country-specific quota is fully exhausted, with no balance or available volume left. Vietnam had just 2,466t still available.

Among other major suppliers, South Korea retains substantial availability, with 134,726t, or 84%, still open. The United Kingdom and Serbia have 94% and 90% of their quotas still available, respectively.

Within the “other countries” pool, utilisation was mixed. Besides Vietnam, Algeria also showed notable utilisation, with 38% remaining, while Egypt has 67% and Taiwan 64% available. Japan remained still open at 93%, while Switzerland, the United States, Libya and Canada were effectively untouched.

EU TRQ allocation (tonnes) for HR sheet/strip (category 1A) for Q2
 Origin  TRQ volume  Balance  Awaiting
allocation		  Avaliable
TRQ tonnes		  Available
TRQ %
 Türkiye 398,355 103,346 6,684 96,662 24
 India 225,306 – – – –
 South Korea 161,305 134,785 59 134,726 84
 United Kingdom 139,411 131,685 3 131,601 94
 Serbia 142,521 130,377 1,492 128,885 90
 Other countries:
   Egypt 111,491 74,225 – 74,225 67
   Vietnam 111,491 36,495 34,029 2,466 2
   Japan 111,491 103,150 – 103,150 93
   Taiwan 111,491 71,128 – 71,128 64
   Australia 111,491 86,071 1 86,070 77
   Switzerland 111,491 111,446 1 111,445 100
   United States 111,491 111,484 – 111,484 100
   Libya 111,491 111,491 – 111,491 100
   Canada 111,491 111,491 – 111,491 100
   Algeria 111,491 42,052 – 42,052 38

Source: EU TARIC, as of 22 April. Complied by Kallanish

Author: Elina Virchenko

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Türkiye, China lead EU’s second-quarter longs TRQ drawdown

EU long steel tariff-rate quota (TRQ) utilisation for the second quarter as of 22 April shows the heaviest drawdown concentrated in a limited number of origins, particularly Türkiye and China. Most UK-origin quotas remain largely open, Kallanish notes.

Across the four key long product categories – merchant bar, rebar, wire rod, and angles and sections – the largest absolute quotas are held by the UK in wire rod, China in merchant bar, and Türkiye in rebar and angles/sections.

By 22 April, the most pressured quotas were Turkish wire rod (100% used), Chinese merchant bar (90% used), Turkish rebar (75% used), and Egyptian rebar (92% effectively committed on a net basis). By contrast, UK-origin quotas across multiple longs segments remain largely open.

For merchant bar (category 12), China has an allocation of 140,406 tonnes. However, it is also the most actively used major quota, with only 14,570t still available, equivalent to 10% of the original volume. This implies around 90% utilisation. By contrast, the UK retains 97% availability and Türkiye 73%.

In rebar (category 13), Türkiye has a 94,493t quota, of which 23,711t or 25% is left. Among other origins, Egypt is also heavily utilised, with only 2,109t available, or 8%, once awaiting allocations are deducted. Bosnia and Algeria remain effectively unused.

Wire rod (category 16) shows the most aggressive drawdown of all longs categories. Türkiye has fully exhausted its 98,153t allocation, leaving zero balance. The UK has the largest quota at 163,136t, with 90% still available, while Switzerland retains 88%. Among other countries, Egypt is de facto exhausted with just 53t net available, while Malaysia, Bosnia, Korea and Indonesia remain largely untouched.

For angles and sections (category 17), the UK holds the largest country-specific allocation at 27,208t, with 99% still unused. Türkiye shows the highest effective utilisation, with 13,632t remaining from a 22,643t quota, meaning about 40% has already been consumed. Other origins such as the United Arab Emirates, China and Korea show minimal activity.

EU longs TRQ allocation (tonnes) for Q2
 Origin, product/category TRQ volume  Balance  Awaiting
allocation		  Avaliable TRQ tonnes  Available
TRQ %
 Merchant bars, category 12
 China 140,406     16,076 1,506 14,570 10
 United Kingdom 117,300 114,710 484 114,226 97
 Türkiye 106,082 77,796 541 77,255 73
 Switzerland 68,179 64,704 140 64,564 95
 Other countries 60,752 53,927  – 53,927 89
 Rebars, category 13
 Türkiye 94,493     23,711 – 23,711 25
 Bosnia and Herzegovina 33,994     33,932 – 33,932 100
 Moldova 28,411 27,963 44 27,919 98
 United Kingdom to Northern Ireland 2,157 1,822  – 1,822 84
 Other countries:
 Egypt 27,596 8,109 6,000 2,109 8
 Algeria 27,596 27,596   – 27,596 100
 Wire rod category 16
 United Kingdom 163,136 149,161 2,368 146,793 90
 Switzerland 115,202 102,670 954 101,716 88
 Türkiye 98,153 0 0 0 0
 Moldova 59,078 57,260 43 57,217 97
 Other countries:
 Malaysia 15,090 15,016 – 15,016 100
 Algeria 15,090 12,593 – 12,593 83
 Egypt 15,090 1,053 999 53 0
 Bosnia and Herzegovina 15,090 15,066 – 15,066 100
  Korea 15,090 15,090 – 15,090 100
 Japan 15,090 14,358 218 14,139 94
 Indonesia 15,090 15,090 – 15,090 100
 Serbia 15,090 14,354 247 14,107 93
 Angles, sections category 17
 United Kingdom 27,208     26,816 – 26,816 99
 Türkiye 22,643 13,632 – 13,632 60
 Korea 5,277 5,210 – 5,210 99
 United Kingdom to Northern Ireland 14,100 13,006 – 13,006 92
 Other countries:
 China 4,968 4,795 – 4,795 97
 Switzerland 4,968 4,968 – 4,968 100
 United Arab Emirates 4,968 4,538 – 4,538 91

Source: EU TARIC, as of 22 April. Complied by Kallanish

 

Author: Elina Virchenko

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